I have 18 student loans and I let one go to collections 3 years ago. The balance is around 5k. i attempted to consolidate my private student loans (I have 14%,11%, 12% APR's) including my loan in collections and was denied because I have that loan in collections. They will not work with me in paying off the 5k like I hear collections do. They keep saying they are not aloud to. I would like to get this off of my credit so i can be able to consolidate my loans as I am paying $1000 a month on 65k.
Anyone have any insight? Should I dump my savings to pay collections? I am 27 years old btw
Thanks in advance.
Submitted March 23, 2017 at 02:39PM by Ereid74 http://ift.tt/2nbZWyu
